NEW YORK, NY -- (Marketwire) -- 03/07/13 -- The Bedford Report has released new equity reports today. As a leading provider of free in depth reports and timely market updates, Bedford is an essential resource for hundreds of thousands of investors across the country.
JAKKS Pacific, Inc. (NASDAQ: JAKK) shares declined 6.16 percent on more than three times the average daily volume Wednesday. BMI Capital Markets have recently downgraded the company's rating to "underperform" and lowered its price target to $7 from $12.
Find out more about JAKKS Pacific including full access to the free equity report at: www.BedfordReport.com/JAKK
MGIC Investment Corp. (NYSE: MTG) gained another 5 percent to close at $5.61 a share Wednesday. Shares of the company have more than doubled in the past week. MGIC Investment announced a public offering of 135 million shares of its common stock and $350 million aggregate principal amount of its convertible senior notes due 2020.
Find out more about MGIC Investment including full access to the free equity report at: www.BedfordReport.com/MTG
VeriFone Systems Inc. (NYSE: PAY) shares gained 8.57 percent on more than three times the average daily volume Wednesday to close at $20.90 a share. The company reported a net income per diluted share of $0.11, compared to a loss of $0.03 a year ago. "We are facing a less than perfect macro environment; however, we are encouraged by a number of positive trends including those around services, mobility, security and U.S. EMV," said Douglas G. Bergeron, CEO.
Find out more about VeriFone Systems including full access to the free equity report at: www.BedfordReport.com/PAY
Veeco Instruments Inc. (NASDAQ: VECO) shares have risen over 8 percent in the past week. The company, which designs, manufactures and markets equipment to make light emitting diodes, has surged since Greg Sebasky, CEO of Philips' North America unit, told Bloomberg that the LED lighting market is expected to grow 40 percent in 2013.
Find out more about Veeco Instruments including full access to the free equity report at: www.BedfordReport.com/VECO
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